Crown Resorts (Crown Resorts) Cash And Cash Equivalents : $534 Mil (As of Dec. 2021)

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What is Crown Resorts Cash And Cash Equivalents?

Crown Resorts's quarterly cash and cash equivalents declined from Dec. 2020 ($447.06 Mil) to Jun. 2021 ($363.91 Mil) but then increased from Jun. 2021 ($363.91 Mil) to Dec. 2021 ($534.34 Mil).

Crown Resorts's annual cash and cash equivalents declined from Jun. 2019 ($781.94 Mil) to Jun. 2020 ($198.00 Mil) but then increased from Jun. 2020 ($198.00 Mil) to Jun. 2021 ($363.91 Mil).

Crown Resorts Cash And Cash Equivalents Historical Data

The historical data trend for Crown Resorts's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Crown Resorts Cash And Cash Equivalents Chart

Crown Resorts Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Cash And Cash Equivalents

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1,339.81

1,382.76

781.94

198.00

363.91

Crown Resorts Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Cash And Cash Equivalents	Get a 7-Day Free Trial															449.04	198.00	447.06	363.91	534.34

Crown Resorts Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Crown Resorts (OTCPK:CWLDY) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Crown Resorts Cash And Cash Equivalents Related Terms

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Crown Resorts (Crown Resorts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Crown Resorts Ltd (OTCPK:CWLDY) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

8 Whiteman Street, Level 3, Crown Towers, Southbank, Melbourne, VIC, AUS, 3006

Website

https://www.crownresorts.com.au

Crown Resorts is Australia's largest hotel-casino company. Its flagship property is Crown Melbourne, an integrated complex with more than 2,600 electronic game machines, or EGMs, 540 tables, and three hotels. Crown also operates Crown Perth, a property with more than 2,500 EGMs, 350 tables, and three hotels. Crown has also obtained a licence to operate Sydney's second casino, Crown Sydney, centred on the VIP and premium gaming market. The company also operates Aspinall's, a boutique, premium-focussed casino in London.

Crown Resorts (Crown Resorts) Headlines

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